Omnicom beats by $0.02, beats on revs
- Reports Q3 (Sep) earnings of $0.97 per share, $0.02 better than the Capital IQ Consensus of $0.95; revenues fell 1.1% year/year to $3.71 bln vs the $3.65 bln Capital IQ Consensus.
- The components of the change in revenue included an increase in revenue from organic growth of 6.1%, a marginal increase in revenue from acquisitions, net of dispositions and a decrease in revenue from the negative impact of foreign exchange rates of 7.2% when compared to the third quarter of 2014.
- The change in organic revenue in the third quarter of 2015 as compared to the third quarter of 2014 in our four fundamental disciplines was as follows: advertising increased 9.9%, CRM increased 2.8% and specialty communications increased 5.4%, while public relations decreased 1.5%.